Insights



It’s almost two years since the Australian government introduced the Safe Harbour legislation, designed to provide protection for directors whilst they’re developing and executing a turnaround or restructuring plan, to greatly reduce the number of companies that enter Voluntary Administration or Liquidation. In this edition of the Vantage Performance Podcast, Phil Dobbie asks Michael Fingland, Vantage Performance’s CEO, whether the legislation has been a success, how it has changed behaviour and what changes he thinks could be made to improve on it.

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My philosophy is that there is always a way to solve a crisis, as long as you’re engaged early enough.

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Cooperative leadership teams that develop prioritised actions to progress towards clear strategic objectives can achieve long-term business viability.